Moonbeam One Day Trading Volume Tops $7.00 Million (GLMR)

Moonbeam (GLMR) traded 6.9% higher against the US dollar during the 1-day period ending at 23:00 PM ET on November 5th. One Moonbeam coin can now be bought for approximately $0.16 or 0.00000216 BTC on popular exchanges. Over the last week, Moonbeam has traded down 3.3% against the US dollar. Moonbeam has a total market capitalization of $146.73 million and approximately $7.00 million worth of Moonbeam was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded up 14.7% against the dollar and now trades at $26.17 or 0.00035211 BTC.
• NEAR Protocol (NEAR) traded up 14.3% against the dollar and now trades at $4.18 or 0.00005627 BTC.
• Internet Computer (ICP) traded up 10.8% against the dollar and now trades at $7.86 or 0.00010572 BTC.
• Fetch.ai (FET) traded up 17.3% against the dollar and now trades at $1.33 or 0.00001790 BTC.
• Cronos (CRO) traded 12.7% higher against the dollar and now trades at $0.0802 or 0.00000108 BTC.
• Hedera (HBAR) traded up 13.6% against the dollar and now trades at $0.0490 or 0.00000066 BTC.
• Cosmos (ATOM) traded 10.7% higher against the dollar and now trades at $4.39 or 0.00005909 BTC.
• Algorand (ALGO) traded up 7.5% against the dollar and now trades at $0.12 or 0.00000162 BTC.
• Akash Network (AKT) traded 6.4% higher against the dollar and now trades at $2.31 or 0.00003348 BTC.
• Kava (KAVA) traded 10.1% higher against the dollar and now trades at $0.33 or 0.00000444 BTC.

Moonbeam Profile

Moonbeam uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,144,481,633 coins and its circulating supply is 915,732,915 coins. The official website for Moonbeam is moonbeam.network. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The Reddit community for Moonbeam is https://reddit.com/r/moonbeam and the currency’s Github account can be viewed here. Moonbeam’s official message board is medium.com/moonbeam-network.

According to CryptoCompare, “Moonbeam is a smart contract platform created in 2019 by Derek Yoo, CEO of PureStake. It offers compatibility with the Ethereum network, greater scalability through a proof-of-stake consensus mechanism, and interoperability with other blockchain networks, enabled by the Polkadot network. Developers can use familiar tools and languages, such as Solidity and Web3.js, to build applications on Moonbeam that can interact with other blockchain networks.”

Buying and Selling Moonbeam

It is usually not possible to buy alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to acquire Moonbeam should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Moonbeam using one of the aforementioned exchanges.

GLMR/USD price chart by TradingView